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RE: Twitter CEO Says Bitcoin Will Become World's "Single Currency" Within A Decade

in #bitcoin7 years ago

Result: mining new bitcoins will become the globe's principal industrial activity Coal the fuel of choice for power generation. (Cheap beats green.)
Massive price deflation as the supply of money approaches zero. Cuts in production of basic foodstuffs help restore a measure of price stability.
Meanwhile a large proportion of the world's poorest have died from starvation.

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Talk about drinking the koolaid, all these other replies are assinine.